The 8k mentions a reverse split twice, both are in reference to the relationship such an action would have on the preferred shares.
They will make a reverse when they have maxed out the a/s
You will not know about until it is voted,filed, and ready to be effected if it were to happen, and I didn't say it will.
They reported revenue and expenses for the period you mentioned. They did not record any revenue from operations
A substantial portion of the expenses was consulting fees for stock sales
"On October 2, 2008, we issued 500,000 shares of common stock to Downshire at a price of $0.20 per share."
Selling shares of your company to run its daily affairs is like selling blood to buy food, its a closed loop
The latest 10Q filing references 2 sales that will have to be reflected in the next filing if they generated any revenue
"On January 13, 2009, we formally announced that we had commenced production of Biofill(TM), our bio-based foam in place packaging product, and on January 26, 2009 we received our first purchase order. On January 30, 2009 we received a second purchase order for our Biofill(TM) product from a major North American manufacturer."
It's been a while since that info came out, are they
A. Being quiet but still selling
B. Sitting by the phone waiting for it to ring ( they didn't answer when I called)
C. Partying like a rock star with the money ( sorry I felt like throwing that in)
Thanks for the honest disagreement, I love a good debate.
GLTY
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